An important theme that the market has been grappling with is the long list of companies that have gone to the National Company Law Tribunal (NCLT) and that results in appointment of insolvency resolution professional to manage these companies till someone comes and buys up the defaulters or some kind of resolution is reached by the creditors.
Confident of the company generating a topline growth of 10 percent in FY18, said YD Murthy, Executive VP-Finance, NCC.
According to Chatterjee, the SC ruling is only one more impetus to clean up the system. The apex court has been cautious enough in not deallocating coal blocks and will take the decision on September 1, he adds.
According to Vinayak Chatterjee, thermal power has seen maximum number of policy reforms in the last 18 months and so, the worst seems to be behind for it.
Vinayak Chatterjee, chairman, Feedback Infrastructure, says that P Chidambaram, Union finance minister, GoI, has highlighted the need to unclog stalled projects to boost the infrastructure environment and improve the investment sentiments.
Vinayak Chatterjee, chairman, Feedback Infrastructure says the infra sector is expected to be government‘s priority in this Budget and the key expectation is the removal of the infrastrcuture sector from the ambit of MAT.
The first meeting of the newly formed Cabinet Committee of Investments (CCI) was held a few days back to discuss on various issues. Vinayak Chatterjee, chairman, Feedback Infrastructure seemed to be very disappointed with the outcome of the first meeting.
Vinayak Chatterjee, Chairman of Feedback Infrastructure said the Prime Minister's Office (PMO) is likely to decide on the list of projects to be taken under the NIB and the board might focus on specific projects over Rs 1000 crore. He also added that the amendments recommended for the NIB make it more practical.
Giving his views on the financial restructuring of State Electricity Boards, Vinayak Chatterjee, Chairman of Feedback Infrastructure said that the package is fairly foolproof and this intervention was necessary otherwise nobody was able to see the road forward.
Vinayak Chatterjee, Chairman of Feedback Infrastructure, believes the move to ease use of government land for infra projects will aid PPP projects.
Vinayak Chatterjee, chairman of Feedback Infrastructure, tells CNBC-TV18 that important decisions were taken by the government yesterday, which included restructuring Rs 1,20,000 crore with of SEB loans.
CNBC-TV18's special show hosts a discussion of a panel of experts on the viability of the PPP in boosting infrastructure growth in Karnataka
Increase in scope of Viability Gap Funding in new areas like irrigation, oil & gas pipelines, market terminals etc.
This is the government's great Indian infrastructure dream. But the ground reality is a rude awakening. With a slowing economy, high interest rates and more importantly delayed decision making, infra projects and infra companies face an uncertain future.